Why is B C C Fuba India falling/rising?

As of 23-Jul, B C C Fuba India Ltd's stock price is currently at Rs 103.70, reflecting an increase of Rs 2.75, or 2.72%. The stock has shown a trend reversal, gaining after two consecutive days of decline, and it outperformed its sector by 2.91% today. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in the short term. Despite a healthy long-term growth rate in operating profit of 50.22% and positive results over the last three quarters, the stock has experienced a significant decline of 10.60% over the past month and 15.04% year-to-date, which may be concerning for investors.
In the broader market context, the stock's recent performance contrasts with the Sensex, which has gained 0.11% over the past week and 1.01% over the past month. While B C C Fuba India has generated a substantial return of 38.05% over the past year, its profitability has been hindered by a low return on equity of 9.00% and a high price-to-book value ratio of 8.2, suggesting expensive valuation relative to its peers. The falling investor participation, as indicated by a decrease in delivery volume, may also contribute to the stock's volatility and overall performance in the market.